TSE:BTE

Baytex Energy Corp. (BTE.TO) Stock Forecast, Price & News

C$0.82

-0.01 (-1.20 %)

(As of 01/27/2021 01:54 PM ET)

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Today's Range

C$0.77

Now: C$0.82▼

C$0.85

50-Day Range

C$0.67

MA: C$0.80▼

C$0.91

52-Week Range

C$0.27

Now: C$0.82▼

C$1.55

Volume2.82 million shs

Average Volume4.78 million shs

Market CapitalizationC$460.18 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of January 20, 2020, it had proved developed producing reserves of 142 million barrels of oil equivalent (mmboe); proved reserves of 314 mmboe; and proved plus probable reserves of 529 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

MarketRank^™

Overall MarketRank^™

1.03 out of 5 stars

3.1 Analyst's Opinion

Consensus Rating
Baytex Energy Corp. (BTE.TO) has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 1 buy rating, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.05, Baytex Energy Corp. (BTE.TO) has a forecasted upside of 26.1% from its current price of C$0.83.
Amount of Analyst Coverage
Baytex Energy Corp. (BTE.TO) has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Baytex Energy Corp. (BTE.TO) has received 466 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Baytex Energy Corp. (BTE.TO) has received 626 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Baytex Energy Corp. (BTE.TO) has received 57.33% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Baytex Energy Corp. (BTE.TO) and other stocks. Vote “Outperform” if you believe BTE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BTE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Baytex Energy Corp. (BTE.TO) does not currently pay a dividend.
Dividend Growth
Baytex Energy Corp. (BTE.TO) does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Baytex Energy Corp. (BTE.TO) insiders have sold 133.15% more of their company's stock than they have bought. Specifically, they have bought C$17,800.00 in company stock and sold C$41,500.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Baytex Energy Corp. (BTE.TO) is -0.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Baytex Energy Corp. (BTE.TO) is -0.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Baytex Energy Corp. (BTE.TO) has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:BTE

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.baytex.ab.ca

Phone+1-587-9523000

Employees231

Year FoundedN/A

Debt

Debt-to-Equity Ratio472.56

Current Ratio0.68

Quick Ratio0.47

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$984.53 million

Price / Sales0.47

Cash FlowC$0.02 per share

Price / Cash Flow36.50

Book ValueC$0.69 per share

Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares561,200,000

Market CapC$460.18 million

Next Earnings Date3/3/2021 (Estimated)

OptionableOptionable

C$0.82

-0.01 (-1.20 %)

(As of 01/27/2021 01:54 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Baytex Energy Corp. (BTE.TO) (TSE:BTE) Frequently Asked Questions

How has Baytex Energy Corp. (BTE.TO)'s stock been impacted by COVID-19 (Coronavirus)?

Baytex Energy Corp. (BTE.TO)'s stock was trading at C$0.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BTE stock has increased by 49.1% and is now trading at C$0.82.
View which stocks have been most impacted by COVID-19.

Is Baytex Energy Corp. (BTE.TO) a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy Corp. (BTE.TO) in the last year. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Baytex Energy Corp. (BTE.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BTE, but not buy additional shares or sell existing shares.
View analyst ratings for Baytex Energy Corp. (BTE.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Baytex Energy Corp. (BTE.TO)?

Wall Street analysts have given Baytex Energy Corp. (BTE.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Baytex Energy Corp. (BTE.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Baytex Energy Corp. (BTE.TO)'s next earnings date?

Baytex Energy Corp. (BTE.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for Baytex Energy Corp. (BTE.TO).

How were Baytex Energy Corp. (BTE.TO)'s earnings last quarter?

Baytex Energy Corp. (BTE.TO) (TSE:BTE) released its earnings results on Monday, November, 2nd. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.07. The business had revenue of $252.54 million for the quarter.
View Baytex Energy Corp. (BTE.TO)'s earnings history.

What price target have analysts set for BTE?

10 analysts have issued 12-month target prices for Baytex Energy Corp. (BTE.TO)'s stock. Their forecasts range from C$0.50 to C$3.00. On average, they anticipate Baytex Energy Corp. (BTE.TO)'s stock price to reach C$1.05 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price.
View analysts' price targets for Baytex Energy Corp. (BTE.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Baytex Energy Corp. (BTE.TO)'s key competitors?

Some companies that are related to Baytex Energy Corp. (BTE.TO) include Energean plc (ENOG.L) (ENOG), Raging River Exploration (RRX), Whiting Petroleum (WLL), Diversified Gas & Oil PLC (DGOC.L) (DGOC), Kosmos Energy Ltd. (KOS.L) (KOS), Freehold Royalties Ltd. (FRU.TO) (FRU), Canacol Energy Ltd (CNE.TO) (CNE), Peyto Exploration & Development Corp. (PEY.TO) (PEY), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Headwater Exploration Inc. (HWX.TO) (HWX), Touchstone Exploration Inc. (TXP.TO) (TXP), Canacol Energy (CNNEF), International Petroleum Co. (IPCO.TO) (IPCO), Tullow Oil plc (TLW.L) (TLW) and Advantage Oil & Gas Ltd. (AAV.TO) (AAV).
View all of BTE's competitors.

What other stocks do shareholders of Baytex Energy Corp. (BTE.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baytex Energy Corp. (BTE.TO) investors own include Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy Inc. (VET.TO) (VET), Crescent Point Energy Corp. (CPG.TO) (CPG), Whitecap Resources Inc. (WCP.TO) (WCP), The Toronto-Dominion Bank (TD.TO) (TD), Enbridge Inc. (ENB.TO) (ENB) and Birchcliff Energy Ltd. (BIR.TO) (BIR).

Who are Baytex Energy Corp. (BTE.TO)'s key executives?

Baytex Energy Corp. (BTE.TO)'s management team includes the following people:

Mr. Edward David LaFehr, Pres, CEO & Director (Age 61, Pay $1.06M)
Mr. Rodney D. Gray, Exec. VP & CFO (Age 49, Pay $595k)
James Maclean, Gen. Counsel & Corp. Sec.
Mr. M. Scott Lovett, VP of Corp. Devel. (Age 47)
Mr. Brian G. Ector, VP of Capital Markets (Age 52)

What is Baytex Energy Corp. (BTE.TO)'s stock symbol?

Baytex Energy Corp. (BTE.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BTE."

How do I buy shares of Baytex Energy Corp. (BTE.TO)?

Shares of BTE and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Baytex Energy Corp. (BTE.TO)'s stock price today?

One share of BTE stock can currently be purchased for approximately C$0.82.

How big of a company is Baytex Energy Corp. (BTE.TO)?

Baytex Energy Corp. (BTE.TO) has a market capitalization of C$460.18 million and generates C$984.53 million in revenue each year. Baytex Energy Corp. (BTE.TO) employs 231 workers across the globe.

What is Baytex Energy Corp. (BTE.TO)'s official website?

The official website for Baytex Energy Corp. (BTE.TO) is www.baytex.ab.ca.

How can I contact Baytex Energy Corp. (BTE.TO)?

Baytex Energy Corp. (BTE.TO)'s mailing address is 2800-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The company can be reached via phone at +1-587-9523000.

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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